Mobavenue AI Tech board approves merger scheme with wholly owned subsidiary MMPL
Mobavenue AI Tech Ltd · IT - Software
What the filing says
- Board approved on September 15, 2026 the Scheme of Merger of Mobavenue Media Private Limited into the company; implementation is subject to Central Government or other approvals
- No consideration is payable and no equity shares or securities will be issued; no change in shareholding pattern of the listed entity
- Year ended 31st March 2026, INR Lakhs: Mobavenue Media turnover 19,200.32, net worth 7,169.71; Mobavenue AI Tech turnover 1,868.13, net worth 6,838.40
Why it's rated notable: merger demerger is always high
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.